how ethical you are?

Nov 16, 9:00 AM – 1:00 PM Sharjah Chamber of Commerce

How Ethical Are You?Karim Abdelhay, CMA, CFM

President

IMA Dubai Chapter

Did you …..

• check your Facebook during work hours?

• use your work printer/photocopier for personal use?

• use your corporate phone in personal calls?

• report unnecessary sick leave?

• accept a gift from a supplier/vendor?

• see a violation and ignored it?

Conflict of Interest

Justifications

• Everyone is doing this.

• I deserve it.

• It doesn’t harm anyone.

• It’s not illegal.

• I don’t know the policy/rule

Ethics Principles

• Honesty

• Fairness

• Objectivity

• Responsibility

Standards of Ethical Professional Practice

• Competence– Maintaining professional knowledge and expertise– Adherence to laws and regulations– Communication of constraints and recommendations

• Confidentiality– Inform others about confidentiality– Refrain from using confidential information for personal

advantage• Integrity

– Mitigate conflicts of interest• Credibility

– Disclosure of positive and negative information fairly and objectively